97% of cumulative onchain tokenized-equity spot volume already sitting on Solana gives Soju a decent base case, but the hard part is turning that into reusable margin instead of another thin RWA wrapper. Ondo’s 200+ stock/ETF tokens and the Securitize-Jump-Jupiter stack help with asset count and regulated liquidity; Meteora only matters if its DLMM depth becomes hedgeable collateral for perps, Kamino-style lending, and Jupiter routing in the same wallet loop. Hyperliquid’s HIP-3 can spin up markets with an external oracle and one account, so Solana’s edge has to show up in lower margin waste, cleaner hedging, and fewer forced deleveraging events.

Top comment by @Benthic